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RIYADH: Dallah Healthcare Co.'s shares jumped 2 percent on Wednesday after the market opened, reaching their highest price since listing.
Dallah stock rose to SR123.6 ($33), up from SR119.4 at the closing bell the previous day.
The stock price later retreated to SR121 at the closing bell of Wednesday.
The Saudi firm, which operates a number of private hospitals and medical centers throughout the Kingdom, manufactures medical devices and pharmaceuticals, besides providing management and support services.
It was founded in 1994 and listed on the Saudi Exchange in December 2012.